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Friday, June 24, 2011

Tulasi Reddy criticises oppn on growth rate

Hyderabad, Jun 25 : 20-Point Economic Programme Chairman N Tulasi Reddy has ridiculed the opposition's criticism that the growth rate and administration has become static and is below expectations.Talking to reporters at Secretariat yesterday, he said what Andhra Pradesh Chief Minister N Kiran Kumar Reddy has achieved in terms of growth rate was a litmus test to his rule.Mr Reddy said over last year's growth rate, which was 8.55 per cent, this year it registered an increase to 9.22 per cent. In agriculture, the growth rate stood at 9.1 per cent this year, while the National rate was 6.61 per cent, he claimed.On the industrial front, the state had registered a growth of 8.45 per cent while the corresponding figure for National level was 7.87 per cent, and in the services sector growth in state has 9.64 per cent, while the National figure was 9.38 per cent.Mr Reddy further pointed out that the per capita income for Andhra Pradesh has been raised by 18.49 per cent during 2010-2011 as compared to the past two years.He appealed to the opposition not to under estimate Mr Reddy's rule but make estimations over the rule in terms of the data/facts available.
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